Question

Calculate the simple interest for a principal of 2000 rupees at the rate of 4% interest for two years????

Answer 1

$2000 \times 4 \times 2 \div 100$
calculate and get answer

Answer 2

the simple interest is=(ptr)/100
so,
p=2000
t=2
r=4%
now,
the simple interest is=(2000×2×4)/100
=160(ans)